Report Ocean has recently released a comprehensive research report on the global UV Curable Coatings Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global UV Curable Coatings Market is valued approximately at USD 5.80 million in 2019 and is anticipated to grow with a healthy growth rate of more than 12.0% over the forecast period 2020-2027.
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Ultraviolet curing is known as UV Curing is a photochemical process in which high-intensity ultraviolet light is used to instantly cure or dry inks, coatings or adhesives. This system is more beneficial over using traditional curing and dying methods because it has less flaws and errors , speed shipping and any airborne object has to settle upon the object is reduced. Growing Automotive industry due to upcoming new technologies, more manufacturing -plants value added supply chains acts as key driver for the UV Curable coatings market growth, for instance China is planning to increase the production of electric vehicles (EVs) to 2 million a year by 2020, and 7 million a year by 2025. Moreover, An Improved standard of living and increased disposable income of people in developing countries also boosts the growth of the UV-cured coatings market. However, UV curable coatings are very expensive as compared to others that are already available in the market which may act as restraint for the market growth rate. Even so Continuous industrialization and growth in manufacturing sectors in developing countries offers opportunity to this market.
The regional analysis of UV Curable Coatings market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific Excluding Japan (APEJ), is the leading/significant region across the world in terms of market share to the global UV cured coatings market in terms of revenue and volume because of the increasing demand from the electronic and industrial sectors from countries such as China and India. North America region also constitutes the significant market share to the global UV cured coatings market followed by APEJ.
Major market player included in this report are:
Royal DSM N.V.
Allnex Belgium SA/NV
Alberdingk Boley GmbH
BASF SE
Covestro AG
Nippon Gohsei
Wanhua Chemical Group Co., Ltd.
Miwon Specialty Chemical Co. Ltd
Hitachi Chemical Company Ltd.
Eternal Chemical Co. Ltd.
Toagosei Co. Ltd.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Composition
Oligomers (UV Curable Resins)
Monomers (Reactive Diluents)
Pigments and Additives
Photo initiators
By Type:
Wood Coatings
Plastic Coatings
Over Print Varnish
Display Coatings
By End-Use Industry
Industrial coatings
Electronic coatings
Graphic Arts
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the UV Curable Coatings market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the UV Curable Coatings industry?
- What are the major challenges that the UV Curable Coatings Market may face in the future?
- Who are the leading companies in the UV Curable Coatings Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the UV Curable Coatings Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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